Advantages to Short Sale

 

For A Buyer

  • The biggest advantage to buyers is the prospect of moving into a new home at a significant discount.

 

For A Seller

  • With a short sale, sellers avoid having to go through a lengthy forclosure process and prevent the impact of a foreclosure on their credit score. In a short sale, the seller and the lender work together to determine the details of the agreement, but typically sellers who complete a short sale also avoid owing the balance of the loan.

 

 

 

 

 

 

Please feel free to contact me with any questions.